Tag: Decoy Effect
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Williams Sonoma’s Decoy to revive Bread Machine sales.
Williams Sonoma’s decoy to revive sales
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Some key takeaways from Predictably Irrational
Dan Ariely’s Predictably Irrational is a true masterclass and shown below are some of the key takeaways from Predictably Irrational. Decoy effect – Introducing a –VE of something , as a decoy , can influence choice/human behavior when that something is pitched against some other option. Anchor effect – First impression is always the best…